• Scientist Gleans from J.M Hurst

    From gb3cker@gmail.com@21:1/5 to Rick J. Ratchford on Sat Sep 3 06:45:44 2016
    On Friday, August 4, 2000 at 2:00:00 AM UTC-5, Rick J. Ratchford wrote:
    Brian J. Millard, a scientist from Bramhall Cheshire England, writes what he views is the 5 main concepts of J.M. Hurst's work on cycles in the markets.

    1. Maximum profits are obtained from shorter trades.
    2. Some 23% of price motion is based on cyclic movements in nature.
    3. These cycles are additive.
    4. The cycles can be seen clearly if envelopes are constructed around the price movement.
    5. The ideal buying point is when several such cyclic components are
    reaching their low points.


    --
    Regards,

    Rick J. Ratchford

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    Agreed , you can make money using Hurst cycles but not with Yes, you can make money using Hust cycles but not with Fourier and
    or wavelet transforms. This approach and technology is outdated.

    https://hursttrendcycles.blogspot.com/

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  • From catalpa@21:1/5 to All on Wed Nov 9 13:38:49 2016
    <gb3cker@gmail.com> wrote in message news:966f95a0-dda2-4433-ae53-7697516dbcbd@googlegroups.com...
    On Friday, August 4, 2000 at 2:00:00 AM UTC-5, dkomo wrote:
    "Rick J. Ratchford" wrote:

    Brian J. Millard, a scientist from Bramhall Cheshire England, writes
    what he
    views is the 5 main concepts of J.M. Hurst's work on cycles in the
    markets.

    1. Maximum profits are obtained from shorter trades.
    2. Some 23% of price motion is based on cyclic movements in nature.
    3. These cycles are additive.
    4. The cycles can be seen clearly if envelopes are constructed around
    the
    price movement.
    5. The ideal buying point is when several such cyclic components are
    reaching their low points.

    --

    hehehe. A trained monkey can find cycles in a batch of historical
    prices. As any student of Fourier analysis knows, *any* data series,
    even a random one, can be decomposed into cyclic components. Cycle
    enthusiasts have attacked markets with everything from Fourier and
    wavelet transforms to freehand drawings of "envelopes."

    But when you try to project these cycles forward with enough accuracy
    to trade profitably, that's when your heartaches begin, as I'm sure
    you've already discovered. If you could trade profitably with this
    stuff, why would you be running a dumbass web site and spamming this
    newsgroup?

    Has Mr. Brian J. Millard made money trading cycles? Have you? Did
    W.D. Gann or J.M. Hurst die rich? W.D. Gann left his heirs nothing
    but a decrepit frame house and a pile of debts.

    Try again. Good luck. Maybe on the next cycle...


    --dkomo@cris.com


    Regards,

    Rick J. Ratchford



    You dug up a worthless post from 16 years ago.

    Rick J. Ratchford is and always has been a fraud and a failure.

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